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Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (324)11/12/1997 4:45:00 AM
From: Asymmetric  Read Replies (1) | Respond to of 1250
 
ACTM Featured in IBD (Nov 11)

I'm surprised nobody referenced the article in
Investor Business Daily. The article is titled
"Reading Your Stock's Sell, Hold Signals" and
uses ACTM as THE example of how people should
have been clued in on brewing trouble in this
stock, using the chart as the guide. The key
stated in the article was/is when the stock
plunges through it's 200 day moving average
and on heavy volume.

Relative Strength yesterday was a disturbing 2.
I guess the bright side is that it can now only
go down to 1!